Madison Nordic Ski Club

Analysis

Madison Nordic Ski Club is a registered charity in United States, based in Madison, WI. It received its IRS tax-exemption ruling in June 2015, 11 years ago. Its declared purposes cover recreation and sports, which this site groups under amateur sport and recreation. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Madison Nordic Ski Club reported income of $94k and spending of $107k, spending 114% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income fell from $96k to $94k (-2.4%), an average of -2.4% a year. Over the whole period it spent 108% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Madison Nordic Ski Club sits at the 43rd percentile: it is larger than about 43% of them. Against every charity in United States with reported income it ranks in the 35th percentile, and in the 34th percentile within WI. Charities of a similar size with the same main cause include Trumbull Youth Lacrosse ($94k), TJ Football Boosters ($94k) and Youth Camps Inc ($94k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 14% and program service revenue 65% of the total. At year end it held assets of $54k against liabilities of $0, net assets of $54k.